rajaca9999

Go Long on Nifty- Ascending Triangle pattern on Hourly chart-

Long
NSE:NIFTY   Nifty 50 Index
148 views
2
Go Long on Nifty - Expected ( Nearest Reversal as per Fibonacci) Target is 50% retracement and 61.8% retracement .

Wait for Triangle breakout.

Target 1 :- 50% retracement 10723
Target 2 :- 61.8% Retracement 10825.

Final Target as per Ascending triangle pattern is Height if triangle 341.88 Points. From Triangle break out to 10966. Nearest Fibonacci number is 78.6% retracement ( 10977).

Note :- This Analysis is only for Education purpose and sharing knowledge . Not a recommendation.

Comments

Teach while learing and learn while teaching
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter